2012-10-01
2012-10-31
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there as tensions between the two countries intensify. the u.s. government suing the nation's biggest mortgage lender. we'll take a look at how the global industry is faring. then it's off to paris. the stricken car maker is downgraded by moody's a day after demonstrators stage protests. we'll have details from the french capital. and we'll head to new york where there's an appetite for young, profits that is, up nearly a quarter from a year earlier. we'll take a look on a big day for earnings on wall street. and a big week that's coming up. joining us now onset, though, bob mckey. bob, you're here with us, chief economist from independent strategy. i guess let's just begin by talking a little bit about some of these headlines that we're hearing from the imf regarding financial stability. obvious, i guess, to sort of draw attention to this issue, but in your mind, is there still lingering risk out there from the lack of reform, i guess, in some areas of the industry? >> i think what the global stability report is showing -- it's the third report the imf brings out at this semiannual meeting. e

. the u.s. economy picks up steam thanks to spending by consumers and the government. >> susie: i'm susie gharib. we take you to a wells fargo event in chicago, where housing grants could turn renters into buyers. >> tom: then, from tax hikes to corporate earnings worries, tonight's "market monitor" guest says investors are facing a cliff of concern. robert stovall of wood asset management joins us. >> susie: that and more tonight on "n.b.r."! >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe youoo. thas to a pick-up in spending by consers, the federal government and the housing sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy in the final months of this year. >> reporter: an economy growing at a 2% annual rate is hardly anything to celebrate. sure it could've been worse. but, clearly at three-years post great r

. and a late burst of spending by consumers is likely to boost third quarter u.s. gdp, but growth may still be too sluggish to bring down employment. welcome to today's show. the last one of the week here. and just remind you plenty to get through as we count down toward the gdp number in the u.s. we'll have an interview with the boss of jpmorgan, jamie dimon. his views on the election and his outlook on the economy. microsoft is unveiling its windows 8. we'll have the latest plus in-depth analysis at 11:45 cet from new york. at 10:20, we're heading to hong kong. big day for earnings from chinese lenders. and then at 1 ch11:50, we're in chicago and third quarter u.s. g gdp. apple corporate figures up 24%, but it missed analyst forecasts. second straight miss for the company. revenues rose 27%, slightly better than expected. apple sold nearly 27 million iphones. the iphone 5 was released at the end of the quarter, but ipad sales were well short of forecasts. apple first quarter guidance which includes the holiday shopping season also trails analyst estimates. lowist figure in around four yea

of wood asset management joins us. >> susie: that and more tonight on "n.b.r."! >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe you too. thanks to a pick-up in spending by consumers, the federal government and the housing sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy in the final months of this year. >> reporter: an economy growing at a 2% annual rate is hardly anything to celebrate. sure it could've been worse. but, clearly at three-years post great recession, it should be a lot better. experts call it a side-ways economy, one that is unable to create enough jobs to bring down the nation's stubborn unemployment rate. but, people on the streets of new york have different takes on what a 2% economy means to them: >> it means first of all that anyone trying to look for employment is going have a tough time b

start" begins now. >>> it came out warning. riveting new details of the attack in libya that killed a u.s. ambassador, a different story than we were told. >>> a battle over big bird. shout out to both candidates on the campaign trail, now sesame street is saying stop! >>> racial balance under the microscope of the supreme court. justices argue today over affirmative action and college admissions. big "newsday" here. good morning, welcome to "early start. "i'm john berman. >> i'm zoraida sambolin. the state department is giving its most detailed account of the speed, severity and calculation behind last month's attack on the u.s. mission in benghazi in libya. the house oversight committee will weigh in on security failings during a hearing scheduled for later today. the state department saying the attack was not a spontaneous offshoot of protest and saying u.s. and security personnel in benghazi were outmanned and no reasonable security presentation could have fended off the assault. u.s. ambassador christopher stephens and three others were killed in the attack. arwa damon helps peace to

the morale of foreign troops serving in the war zone. u.s. military officials say an attack on saturday that killed two americans was especially unnerving as several afghan soldiers and possibly insurgents opened fire from several directions. nbc's chief foreign correspondent, richard engel, has been covering this war for almost the full 11 years. he filed this report from kabul. >> reporter: this woman is about to die. executed for adultery. the man she was with got off scot-free. the taliban recently filmed this video of their justice as a warning and to say they're making a comeback. some 30 miles away in the village, we saw few signs of what the u.s. would consider progress in afghanistan and no evidence that the american plan to hand over to a credible, stable afghan government will work. these village elders tell me once u.s. troops leave, a civil war will begin, and u.s.-trained afghan forces will not be able to stop it. are you preparing for this fight? are you already stockpiling weapons and ammunition and getting yourself ready? "yes, we are. we will definitely fight," he says

it was when i came into office, and they don't have the same capacities to attack the u.s. homeland and our allies as they did four years ago. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. are you one of them?

intact. for me, the election is a big, big deal. even though it's u.s., not europe f the election is messy, if people get nervous about that oar the fiscal cliff, we'll see the euro fall as money goes back to t bills. >> it's a great point. ri rick, what are you seeing today? >> i'm a little nervous about trying to buy the current selloff in the treasury complex because, of course, itti could t a life of its own. on the other hand, they don't say even though starts and new home sales may be improving, there's still a huge foreclosure buildup that may be sitting on the books in banks. they continue to operate on these assumptions of a range. they believe the euro currency is going to have a hard time getting above 132. they're looking at the dollar/yen in terms of potential. they're also looking at the s&p. when we get within 3 to 5% of the all-time highs, they're looking to fade that move. >> it's interesting. what do you think the next catalyst will be for this market, guys? in terms of what leads investors. we have the election on the horizon. the fundamentals story was supposed

promising tough questions for the administration over allegations of lax security at the u.s. consulate leading town that assault. and darrell issa and david chapman sent a let secretary of state hillary clinton claiming that quote, multiple u.s. federal government officials confirmed to the committee that prior to september 11th attack, the u.s. mission in libya made repeated requests for increased security in benghazi. the mission in libya, however, was denied these resources by officials in washington. the fbi arrived in benghazi wednesday, three weeks after the attack, but spent only about 12 hours there. we're back with dan henninger, and also wall street board, matt comiskey and bret, foreign policy has said to be a big edge for president obama. is that edge eroding maust of libya and the middle east. >> i think it is eroding and time the president to get credit for policies that don't exist. >> there's focus on the kind of bureaucratic blunders made both prior didded especially prior to the attack and not sufficiently securing our diplomatic security there. >> it's an important i

including support for the israeli government, the withdrawal of u.s. forces from afghanistan, and opposition u.s. military involvement in syria. but they clashed over a few key points including military spending, iran and libya. the one exchange, obama chided romney for seeking to increase military spending by an additional $2 trillion. >> governor romney has not spent enough time looking at how our military works. he mentioned the navy and that we have fewer ships than we did in 1916. governor, with your horses and bayonets because the nature of our military has changed. we have these things called aircraft carriers where planes land on them. we have ships that go underwater, nuclear submarines. and so the question is not taken the battleship where we're counting ships, it is, what are our capabilities -- the >> despite caution nonmilitary spending, the two candidates struggled at times to differentiate themselves on key foreign policy areas. asked about u.s. drone warfare abroad, romney said he fully backs the obama administration's efforts. >> let me ask you, governor, because we know pre

the same capacities to attack the u.s. homeland and our allies as they did four years ago. >> let's go to the next segment because it's a very important one. it is the rise of china and future challenges for america. i want to just begin this by asking both of you and, mr. president, you go first this time. what do you believe is the greatest future threat to the national security of this country? >> well, i think it will continue to be terrorist networks. we have to remain vigilant as i just said. but with respect to china, china is both an adversary but also a potential partner in the international community if it's following the rules. so my attitude coming into office was that we are going to insist that china plays by the same rules as everybody else. now, i know americans had seen jobs being shipped overseas, businesses and workers not getting a level playing field when it came to trade. and that's the reason why i set up a trade task force to it go after cheaters when it came to international trade. that's the reason why we have brought more cases against china for violating tra

and time for the u.s. government to stop putting up with china's trade practices and currency manipulation and romney says he would take steps on day one to correct that practice. >> the debate coming up quickly. right off the top we showed viewers governor romney in ohio from early talking about success and alluding to how much fun he had on the first presidential debate. now, a couple of days away from the next one and i understand he will be off the trail preparing for that. what else? >> reporter: that's right. talking about the debate last week has been one of his biggest rallying cries in front of big crowds ever since it happened. seems to have been a big huge momentum boost for mr. romney. he did debate prep with his senior strategist and rob portman today. tomorrow he will be doing a lot of work with his team. they recognize because this s a town hall meeting and they will take questions from the public it is an opportunity for them to really connect with real voters as opposed to taking questions from the press. mr. romney down on monday as well for additional debate prep. a sign

to the u.s. program. this woman lost two sons to "fast and furious" guns. >> they feel helpless. they don't know what to do. we interview one of them and they say, who is going to pay for this? >> reporter: it could be the u.s. government, should the family of border agent brian terry prevail in their wrongful death claim. >> the people can go and sue in the united states with american lawyers that would be a very interesting development certainly. >> reporter: for its part the mexican government has remained largely silent, unwilling to criticize its northern neighbor. >> our political elites only worried about obtaining the next position and they and benefits they obtain being in politics. >> reporter: now univision aired its one hour special last night. it alleged that the u.s. ran a second gun-running operation, castaway out of tampa, that knowingly supplied guns to cartels in colombia and honduras. the sad part of this, gregg, out of 2000 guns in "fast and furious" we can only account for about 800. so the karnage will continue for years to come. gregg: a lot of guns remaining out th

political panel weighs in. >> rick: remembering a fallen border patrol hero, the u.s. homeland security secretary making an emotional visit to nicholas ivie's family today. >> arthel: hard to believe, the holiday shopping rush is just around the corner. amazing products that might make santa's list. the first, governor mitt romney is set to speak at a campaign rally near orlando, minutes from now. and you are now looking at live pictures from the rally, amphitheater and meanwhile, earlier in the day, his wife, ann was greeted with kind words, by supporters at an orlando campaign office. >> i really believe, that your husband is going to be, i think that he will have as much impact as ronald reagan, if not more. >> he'll do better than ronald reagan. >> i felt that for a long time, so... >> arthel: carl cameron is live in apopka, florida where the governor is set to take the stage, fund-raising news from both campaigns, carl? >> reporter: that's right, may be a while before we see governor romney, it is lightning country in florida and the campaign's arrival is delayed because of fear th

more dangerous under president obama's watch. exhibit a was last month's attack that left a u.s. ambassador dead at the american consulate in libya. >> the attacks on america last not should not be seen as random acts. they're expressions of a larger struggle playing out across the broader middle east and i'll vigorously pursue the terrorists who attacked our consulate in benghazi and killed our fellow americans. >> reporter: romney then seized on the recently violence in syria and the potential for an iranian nuclear weapon to issue a dire warning, that war in the region could be on the horizon. >> it's clear that the risk of conflict in the region is higher now than when the president took office. >> reporter: the gop nominee pledged to get tough by reversing looming defense cuts coming at the end of the year, threatening to impose possible new sanctions on iran and by looking for ways to arm the rebels in syria. romney also said he would pursue a two-state solution between the israelis and palestinians, a concept he seemed to diminish at a fund-raiser at was secretly recorded

the year. here it is in 1994 running again ted kennedy for the u.s. senate seat in massachusetts. >> i believe that abortion should be safe and legal in this country. i have since the time that my mom took that position when she ran in 1970 as a u.s. senate candidate. >> now fast forward to last year. here's mitt romney trying to capture the gop presidential nomination. >> what i'd like to see happen would be for the supreme court to say, look, we're going to overturn row v. wade and return to the states the authority to design whether they want abortion on or not state by state. that's how it was before roev. wade. i'm pro-life. >> less than two weeks ago he spoke to the editorial board of "the des moines register" and he seemed more unclear on the issue. he said there's no legislation with regards to abortion that i'm familiar with that would become part of my agenda. so, if mitt does win and he does set an agenda, what will it include with regards to abortion? this literally could turn the entire election. barbara comstock is a romney campaign senior adviser. good to see you again.

by nasd which is the private sector regulator of the u.s. brokerage industry. the focus of this series is on financial regulation. and each year we have had a leading public official responsible in some way for u.s. financial regulation. this year our speaker is a tiny bit of a stretch. he was c.e.o. of freddie mac from mid 2009 to just a few months ago. while in that role he was not a public regulator, he was responsible for returning a very large public financial institution. freddie mac and fannie mae are what are called government sponsored entities, g.s.e.'s. for years they were described as private companies with a public of supporting housing, or, more simply, as mixed public-private enterprises. in september of 2008 both failed financially, were placed in government conservatorship. becoming quite unmixed, just public corporations. the g.s.e.'s have had many problems prior to the could have beenor ship. ed was not part of that, arriving about a year after conservatorship. but he was part of the solution. the task of running freddie mac is a big challenge. it is a very large bus

of the middle east and its many recent flash points like the fatal terrorist attack on the u.s. consulate in libya. romney is trying to polish his own spotty record on foreign affairs and he faces some public doubts. according to to a cnn/orc poll 52% of americans believe obama is better at handling foreign affairs. 45% say romney. cnn national political correspondent jim acosta is at the virginia military institute where romney will speak in just a little over two hours. good morning, jim. >> reporter: good morning, carol. that's right. after what was widely perceived as a big victory for mitt romney on the issue of domestic policies at that first presidential debate, he's going to be going after the president on foreign policy at that speech at the virginia military institute here in lexington later on this morning. and the campaign did release some excerpts from the speech that we could look at to sort of see where he might be going with this address later on this morning. a few things to point out, carol. he's going to be going after the president as you mentioned just a few moments a

, welcome to skwau"squawk on the street." i'm melissa lee live from the new york stock exchange. u.s. futures coming off a week that saw the s&p 500 down by more than 2%. green arrows looking to add some gains. mixed bag of data, retail seas up 1.1% for september. better than expected but new york manufacturing disappoi disappointing. the picture in europe, digesting a reuters report that says quit asking for a bailout in september. the biggest ones in france, up 1.1%. a road map this morning starts with a massive telecom deal. david brought you the deal and this morning, official, softbank to acquire a 70% stake in sprint. what happens with clear wire surging? does it mean a deal with pck is off the table. >> on earnings and revenues sending citi shares higher. u.s. mortgage business and lending mexico helped boost results. >> microsoft's back in the music business unveiling a service that could compete with the likes of pandora and itunes. we have an exclusive with the head of their interactive entertainment straight ahead. softbank to buy 70% of sprint for $20 billion marking the

secretary of state hillary clinton is saying about the attack on the u.s. consulate in benghazi, libya, the september 11 attack left four americans dead, including the u.s. ambassador. cnn foreign affairs reporter broke the story with an exclusive interview during the secretary's trip to peru. >> i take responsibility. i'm in charge of the state department, 60,000 plus people all over the world, 275 post, the president and the vice president certainly wouldn't be knowledgeable about specific decisions that are made by security professionals. in the wake of an attack like this, in the fog of war, there's always going to be confusion, and i think it is absolutely fair to say that everyone had the same intelligence. everyone who -- >> bad intelligence, it seems. >> everyone who spoke tried to give the information as they had. as time has gone on, the information has changed. we've gotten more detail. but that's not surprising. that always happens. and what i want to avoid is some kind of political got ya or blame game going on. >> and we have just got word into the president on this as we

the debate. and that is coming up later on "the fox report." but, first, the u.s. state department standing by turkey as it strikes back at syria. the turkish military fired artillery into syria both today and yesterday, after a syrian mortar shell killed 500 people or five people, rather, in a turkish border town officials in damascus have apologized. so far sorry is not cutting it in turkey. the prime minister says his country has no plans to go to war with syria and the latest retaliation is just meant as a warning. and the u.s. state department is on board with turkey's actions. listen. >> from our perspective, the response that turkey made was appropriate. it also was designed to strengthen the deterrent effect so that these kinds of things don't happen again. >> the question is whether turkey's military response will actually have that effect and keep syria from doing something like this in the future. either way, the turkish parliament has already approved a bill that authorizes military action against syria, even without support from the allies. "the fox report's" chief corresponden

of four americans, including the u.s. ambassador to libya, christopher stevens. we know who he is. we know where he is, who's got him and whether american interrogators will be able to get at him. in addition tonight, we've got new insight into just how quick liu the state department knew about the military sophistication of the actual assault. frank townsend will join us shortly. along with former cia officer bob baer. and you'll hear as well from soern john mccain. you by want to start with the suspect and a "360" exclusive. earlier reporting said access to the suspect was being blocked. intelligence correspondent suzanne kelly has learned otherwise. she joins us now. what have you heard? >> well, we've heard from a u.s. government official that the u.s. does fully intinned and expect to get access to this individual. there's a little bit of negotiating going on. there's a process in place. the fbi is expected to take the lead on this negotiation, though intelligence officials are also expected to be in the room when he's questioned. >> so it's not clear -- so fbi will take the lead on i

to the people's debate. tonight, in the very close race for one of virginia's u.s. senate seats, the candidates will answer the questions about the issues the voters of virginia face. our moderator tonight is the managing principal of decide smart, political analyst for wtvr, and moderator of many debates across virginia, dr. bob holsworth. good evening, bob. >> thanks, bill. let's introduce the candidates vying to be virginia's next u.s. senator. joining us tonight are two former governors of the commonwealth, republican george allen and democrat tim kaine. both men know the stakes are high in this year's election, with key issues like jobs and the economy, the federal debt, and the future of medicare. tonight's debate is being broadcast on television stations throughout virginia and you can join live conversation about the debate on twitter, hashtag, people's debate. here is a look at the guidelines for tonight's debate. candidates will answer questions from me and our panel of four. for each question, each candidate will have 90 seconds to respond. the other will have 60 seconds for a rebutt

who escaped from the u.s. embassy during the iran hostage crisis in 1979. the cia operation to find and get them out of the country involved cia officer antonio mendez hosing as a hollywood producer scouting out locations or a fake science fiction movie titled "argo." this is about 30 minutes. >> if we could have everybody in the back come on up that's going to join us. thank you so much for your patience. the reports we were getting was that the traffic around the block was around as. apparently -- thank you. people are nodding, so that's good. thank you very much. there may be some people still held up and we will welcome them. welcome to the international spy museum. i'm peter earnest, executive director and i'll ask you as a courtesy, to those for recording the program and to the speakers, the kind enough to turn off your cell phones, pdas and so forth. that would be a big help. thank you. well, it's wonderful to see all of you here for the signing, and as we kick off the signing, i will show you a clip of the film based on the book for which you came to attempt the signing. so

on the u.s. ambassador in benghazi. what the obama administration knew and did not know. now it's a two-week sprint to a date wit >> our campaign is full speed ahead. >> i won't be running the okey- doke. >> pelley: reports from nancy cordes, jan crawford and debate moderator bob schieffer. and bill whitaker in los angeles with a program bringing kids from the chaos of the streets into harmony with the world. >> music is like my meditation. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. investigators say they could see with their naked eyes black specks of deadly fungus floating in viles of steroids due to be injected into patients across the country. late today authorities said a criminal investigation would be opened and they would move to revoke the license of new england compounding center. that's the pharmacy identified as the source of contaminated drugs that have caused a meningitis outbreak in at least 17 states. 300 people have come down with the disease, 23 have died, and federal officials say the outbreak is spreading. w

demand due to the european crisis and a slow u.s. recovery. data from europe showing industrial output in germany fell .5% in august. lots to digest. the world bank note was interesting. what they pointed out was a lot of chinese cities that had these aggressive and ambitious spending, stimulus plans to rebuild the cities might have trouble running into funding for these projects. >> i think a lot of the data that we see today is catch-up. there's just not a lot of good news out there. the brightest spot in the economy is the united states. i think it was controversial last week. we got an unemployment number suddenly that was a grand conspiracy. i didn't see it that way because perhaps i'm not a black helicopter guy. but i do think that other than the united states, there's not a lot of momentum. and china and europe can pull the world down. you see today the world being pulled down. china is not doing much to help its situation. i think the estimates for china at 7 are wrong. it should be 5.6. >> change in power coming up in china. typically there is inaction on the part of the gover

come in on how the country could view medical marijuana. the u.s. court of appeals in washington, d.c. will hear about how the government will classify the drug. christie smith has all of the updates and details. good morning, christie. >> reporter: good morning, jon. i spoke with medical marijuana advocates in washington, d.c. from the bay area. they are telling me they think this hearing went well and lasted 40 minutes. they say it could be a first step in recategorizing how me l immedia medical marijuana is seen and it has medical use. they say it is defined as a category one like heroin. a three-panel judge could lower thing. the harbor side panel said the executive director says they are serving patients and starting delivery in case they are forced out. recently the city of oakland took the bold step by filing a federal lawsuit to stop the department of justice from getting harbor side evicted. the executive director is in washington for the hearing. he says the judges' decision could lead to sweeping political and legal changes. >> when you have a federal court deciding offi

"fast and furious." thousands of additional guns found in mexico tracked back to the u.s. government. dozens of them believe to be used in violent crimes. >> who is going to pay for this? >> are military voters being treated fairly? >> it's really shocking, but most of the fingers point straight to the pentagon. >> mu afghanistan policy questions. >> terrorism has not gone away. it has increased. >> brit hume's analysis of the president's economic message. arapahoe county is largely suburban area southeast of denver, home to aerospace engineers and business managers and other professionals. there are some very affluent areas but for the most part it's the upper tier of the middle class. in 2008, barack obama carried this county by more than 35,000 votes. four years before that, george w. bush carried it by more than 9,000. the unemployment rate here is the national average. but it is below the state unemployment rate. another interesting stat about arapahoe county, 54% of the registered voters are women. one of the widest gender gaps in any county in colorado. which is why the obama

. >>> harris, it is five and half weeks since the attack on the u.s. embassy. there is it a lot of questions to worry and we had remarkable acess to the compound. we could smell the smoke set by the mob. there was a blood splattered bathroom and place was ran sacked. one credible eyewitness said the mob that night marched chanting blood 31sty slogans and why there was a protest first. we are told it was a vicious attack and well organize using a wide range of arms and we didn't see evidence of that. we saw defenses were minimal. various members of the islamic mob. they denied responsibility to us and others. we counted five closed circuit compound and images from those could explain a lot. finally ambassador and his staff were worried about a growing terror threat. we had indications of that, too. one libyan official said he warned the americans of the risk days before the attack. the attack on the consulate is one more example of the instability of this country in the killing of gaddafi, one year ago on this day. the new government here is trying to get it under control. an example of that

up to the u.s. ambassador's death in libya. he's calling for congress to return for a special hearing next week. it was a three-page letter and in it, darrell issa listed 13 security incidents and threats in libya in the past six months. including in june, a pro gadhafi facebook page mentioned his running habits. the posting directed a threat against stevens. issa says stevens stopped his morning runs for about a week and then resumed them. in june, an ied was successfully placed at the u.s. consulate in benghazi, blowing a hole in the security perimeter gate, big enough for 40 people to go throu through. and in the weeks before the september 11th attacks, unarmed libyan guards working at the consulate were warned by family members to quit their jobs, because of, quote, rumors in the community of an impending attack. those are just a few of the 13 things that darrell issa listed. and he also included this major allegation. according to issa, multiple u.s. federal government officials have confirmed to the committee that prior to the september 11th attacks, the u.s. mission in libya ma

post" that the u.s. agents were analyzing the security camera video from consulate, attorney general suggested caution. >> people in congress will be mindful of the fact there was an ongoing investigation, not reveal anything that might compromise our law enforcement investigation. >> fox news confirmed that a waiver was signed by the state department, consulate in benghazi did not need specific security environment for high-threat posting. the manage they're signed off on the waiver is scheduled to testify tomorrow. >> that will be a hearing. >> it will be. >> bret: thank you. >> you're welcome. >> bret: radical egyptian cleric extradited from britain has pleaded not guilty to terrorism charges in new york. abu hamsal al masri accused to conspire with men in seattle to set up training camp for al-qaeda in oregon. they are charged with blotting to blow up embassies in africa. former penn state university assistant football coach convicted of child abuse sentenced to at least 30 years in prison. 68-year-old jerry sandusky would be nearly 100 when released. sandusky was found guilty on

here. 51.3. this is a new series. it does a good job tracking u.s. pmi figures because they dictate everything from the industrial cycle frankly to earnings estimate. if there's some strength and stability there, that will quell concerns coming into the session this morning. >> let's zero in on facebook for just a moment this morning. a year ago mobile has a percentage of overall ad revenue was 0. it is now 14. citi calls it a nice beat. says they can probably effectively grow revenues during this transition without the key is whether or not they grew on the user experience in the meantime. >> i think that one of -- this call unlike the last one was full of facts. data which indicates advertisers like it. a bold claim. 40% of users are likely to use facebook with desk top but 70% use it on mobile which is why proctor & gamble reports tomorrow. walmart. amazon. capital one with the best bank quarter all like facebook. i wouldn't be surprised if gm didn't want to come back on facebook and maybe they say, hey, nice to meet you. we're going with the other guys. >> there is a concern tho

terror attack on the u.s. consulate in libya. fox news sources telling us cia officers on the ground in benghazi during the attack sent requests for help but were denied. national security correspondent jennifer griffin is live at the pentagon with more on this. jennifer. >> reporter: hi, jon. well sources who were on the ground in benghazi during the attack tell fox news that in fact there were three separate requests to aid not only the attack that was occurring at the consulate and to try to help with that attack but also requests for outside help, outside military help to help once there were gunfire and firefights at the cia annex. those requests, we're told, came from higher headquarters. they were told to stand down. as you know, glen doherty and tyrone woods, the former navy seals were over at the cia annex at about 9:40 p.m. when the first shots were heard at the consulate where the ambassador and his team were taking fire. i'm told that they radioed to their higher headquarters that they wanted permission to go and help the ambassador, help the ambassador's team. at that ti

operations in the province saturday after a fire fight with insurgents. and brings the number of u.s. troops killed in afghanistan this year to nearly 260. two afghan police officers were killed in two separate bombings in other after began pro vipss. well, that partially blind egyptian extremists maybe his first appearance in u.s. sports, he did not enter a plea, and he's charged with taking 16 hostages in yemen and trying to set up a terrorist training camp in oregon and appeared in court without his prosthetic arm, claiming they were taken away on route to the u.s. and his lawyers asked that his hand be returned immediately. and four others with al mazry needed not guilty to the terror related charges. another scare in the air for american airlines. after a flight from dallas to orange county, california, apparently a problem with the wing flap which controls the speed of the plane. after nearly a week that american grounded dozens of planes because of loose seats that came loose in mid flight. a big celebration as the navy commissioned the newest war ship named after a fallen navy seal.

company. you buy aerospace and autos in the u.s., ford is challenged by europe, gm is challenged by europe but autos are strong. construction up in the air, actual sheet rolled just okay. most importantly, i felt was he gave you hope about china. he didn't just take it away. he's talking about china doing better. trucks are horrible, we knew that from cummins. ebitda not so bad but cash flow not that hot. >> you couple it with cummins, lowering for the year, going to cut 1,500 jobs, going to start cutting work weeks, is this just cyclical slowdown? they say when the cycle inevitably comes back, these cuts will leverage them for better performance. >> the truck population is not young anymore. so i'm not saying, i want to say it is cyclical. people are very much underestimating what's happened in this country, primary truck demand in this country came from trucks to move sand for fracking. we have shut down natural gas drilling in this country. i don't expect it to come back any time soon. the rest of the truck engines are good. china is terrible for trucks. i found it was little surprising

. >>> all that coming up, let's get to the breaking news. u.s. government agents say they have foiled an apparent terrorist plot in new york city. it's a bomb plot. and the suspect is in custody, will later be in court today. let's go straight to cnn's national correspondent susan candiotti, she's joining us from new york. what do we know, susan? >> hi, wolf. we know that this alleged plot had been underway for quite some time. an undercover sting operation being conducted by the fbi and the nypd to foil a planned plot to blow up the federal reserve bank here in lower manhattan. it's very close to wall street. and apparently it all went down, culminated in the alleged plot that went down today and that's when this man was arrested. he is only 21 years old. and apparently he was planning to take and detonate a 1,000-pound bomb, what he thought was a bomb, but it was inert, no member of the public was in danger because the feds were all over this, they say, as they were putting this operation together they say at the request of this suspect. they say it was all his idea. only 21 years o

think the u.s. economy is ready for a breakthrough. there are some positive signs as we saw last week. but as i mentioned in my opening, i think congress is the shackle. congress is the ankle wait now and ineffective for congress fiscally irresponsible and doesn't know how to work together. the decision to filibuster and block a veteran jobs bill and farm bill before election day is a perfect example we have to put new ways of thinking in congress. we have to fix the economy by investing in infrastructure and expanding educational opportunities and leveling the playing field for small businesses but we can't get there if congress is fiscally responsible and doesn't work together. on the fiscal side i have a record. governor during the worst recession since 1930's, cut by a billion in spending, cut my own -- cut $5 in spending, cut my own pay as lieutenant governor and governor to try to two the right thing to keep virginia leading the way among other states. we were taupe of all of the accolades of states whether i when i was governor at a very difficult time. my opponent has a differ

weeks ago, here, too, indicated he thought iran and the u.s. had to talk, but only after the election. now, the iranians have a lot of calculation to make after that. and one of them is, of course, who gets elected. it would be hard to imagine that mr. romney, if he was just in his first year in office, would want to get into a lengthy negotiation before he had a chance to understand the nature of what's going on. you know, it would be sort of diplomatic malpractice if the u.s., israel, and iran headed toward war and hadn't talked to each other first. >> schieffer: joe, i want to get to you just about the dynamics of this race so far. it has been mostly about economic stuff, but now we're coming down to foreign policy in the last weeks of the campaign. how do you-- what do you think of this campaign right now? where do you see it going? >> well, these debates-- the distribution always fascinating. and the big thing that the debates decide for most people is who you want to have in your house for the next four years. the president is the most intimate office we have. and the obama camp

, the debate turned about 15 minutes in to domestic policy and the u.s. economy. governor romney did attack president obama for a lack of leadership on syria. tonight the president reiterating that syrian president bashar assad, his days are numbered a year after saying really the same thing and after more than 30,000 syrians have died there. governor romney, perhaps struggled to put distance between his policy and obama policy saying he clearly did not want to pledge u.s. troops to any operation in syria. there is no political appetite for u.s. intervention in syria. that was clear in his answers. and, finally, one thing i noted in his come back line to governor romney saying that the u.s. now has the smallest navy since 1917, president obama shot back saying it's a different time that we don't have horses and bayonets either and we have big aircraft carriers and submarines that go under water. and while that line got a lot of laughs here in the hall and probably got some debate points, it will be interesting to see how it played at home, if it came off as petty at all or may have minimize

a group of afghan police and u.s. troops as they walked through a market. the taliban claimed responsibility. nbc's lester holt is in kabul where he's been reporting for the past week and a half as part of a special nbc news series on region and conflict. lester, you have been on the ground, what is your take away on the green on blue attacks and this suicide attack which is different, at least the taliban taking responsibility? >> well, andrea, it's really in some ways all related that those three troops killed in khost today were operating with afghan national police on a joint patrol. that's part of the exit strategy for the u.s. to hand control over to the afghans. all the time i've been here, commanders have been wanting to demonstrate and show to me these joint patrols and how this transfer is happening. now the closer, of course, u.s. forces work with afghan troops, that, of course, brings into the question these insider attacks which we've been seeing happening more and more. there was a pause for a few weeks, but yesterday, as you noted in eastern afghanistan, an amer

this is a tired rally that we've been in for a while. i mean, six of the last eight sessions were down in the u.s. stock market here. but nothing has really changed in the fundamentals of the news we've been getting to warrant that. so what do you think is going on here? >> yeah, bill, it is certainly a bit of a tired rally. earnings are going to be terrible. i think we all know that. but looking out a little bit longer term, earnings estimates are starting to rise a little bit. maybe third quarter earnings will be a trough. sentiment is terrible, which is obviously a good thing for stocks. there's a lot of money on the sidelines. as we get towards the end of the year, fund managers are behind their benchmarks. they could be putting that money to work and stocks are cheap. yeah, it's a bit tired. when alcoa starts off the season next week, don't expect great guns. i think a little farther out i still like stocks here. >> you still like stocks here in terms of alternatives. i guess there aren't many, right, rob? you're seeing all this money moving into equitieequities. what do you make of technolo

a discussion on the president's role in leading foreign policy. they talked about challenges facing the u.s. including american influence and engagement globally, the changing international order and emerging nations. two of the featured panelists included thomas friedman, "new york times" foreign affairs columnist and author of "the world is flat." and jessica mathews, carnegie president and director of national security office of global issues. >> good evening. my name is david rothkopf, and i will be the moderator for this evening. in the carnegie endowment discussion about how should the next american president engage the world. this is a debate format discussion. we have a terrific group of panelists here. starting on the far right we have professor john ikenberry of princeton. next is tom friedman of the new york times. next to him is our own jessica matthews of the carnegie endowment, and beside jessica is bob kagan at the brookings institution and we are going to cover several sets of issues in metal blocks tonight. in each case i'm going to open up. i'm going to open the discussion

. they were counterfeit products being made overseas with the same serial number as the u.s. company. they're being sold around the world at the they were being made by the u.s. competitor. this cannot go on. i want a great relationship with china. china can be our partner. that does not mean they can run all over us and steer -- steal our jobs. >> governor brown is right. you are familiar with jobs being invested overseas because you were -- governor romney is right. you are familiar with does being shipped overseas because you invest in companies that ship jobs overseas. we would be buying cars from china instead of selling cars to china. if we take your advice with respect to how we change our tax codes so companies that are earning profits overseas do not pay u.s. taxes, compared to companies here that are paying taxes, that is estimated to create $800,000. but the problem is they will be in place like china. if we're not making investments in education and basic research which is not something the private sector is doing and is sufficient basis, then we will lose the lead in things li

plans rely on big growth and this week, some of the biggest and strongest u.s. companies said the growth that we've already got is tepid and slowing. companies like caterpillar, generale electric, 3m, ford, all warning about conditions in europe and china, these are companies that are symbols of american stability, they are worried. so worried that some are laying off workers to cut costs. you remember that move. the problem here is that there's just less money coming into the united states. the candidates aren't talking about the slowdown overseas or the storm that it's fueling, but they claim that they can keep america competitive, create millions of jobs, and cut the deficit. voters understand their big ideas and they like them, but undecided voters aren't sure which guy can turn promises into economic reality. i've got two of the best political minds in the country to break this down for us. candy crowley our chief political correspondent, host of "state of the union with candy crowley" and mark preston, cnn's political director. candy, let's start with you. from the very first prima

, what do you think will be the course of u.s. relations with cuba if castro does go? >> well, it won't be the direction the president has taken it over the last four years. they have these things called people-to-people trips to cuba which ostensibly is for americans to be able to travel to cuba. they're really tourism trips. people go over there for salsa dancing and cigar rolling lessons and all it is is a source of hard currency for the castro regime. you talk about fidel cast trow beak dead but i'll tell you what's near death in cuba is democracy. the cause of freedom in cuba has been hurt by the additional trips to cube and remittances providing hard currency for that regime. >> schieffer: are there lessons to be learned for today's politicians from what happened during the cuban missile crisis? we did avert, and probably came as close as we'll ever come, or had come to that point, to nuclear war. are there lessons to be taken away from that? >> you read the accounts after the fact it was even more chilling in terms of some of the advice the president was getting for his militar

is worrisome to u.s. officials. who is that? >> reporter: his name is mohammad jamal ahmed. he's establishing terror training camps in the libyan desert. he's about 45 years old. he lives in libya. he learned bomb making in afghanistan in the 80s. he has been part of the egyptian islamic jihad movement, may have been one of its leaders and western officials believe he's building his own terror network. he also has ties to al-zawahiri, the head of al qaeda. ahmed is said to be asking al-zawahiri if he can start an al qaeda units. it was terrorists who trained at his training cam who attacked the consulate in libya. megyn: this paints a picture of a much more active movement going on on the ground in libya and it raises questions about how aware they were of this growing threat coming from libya. what are members of congress saying about this? >> reporter: they have the same question you did. he has said the i.s. needs to deal with this as a terrorist attack. here is more. >> it's well planned to have this be a spontaneous event. the concern is if we don't treat this what it is, a terrorist att

. police say the man who's in custody, he was in the u.s. on a student visa, came for a reason, to destroy america. maggie lake, i want do go straight to you for us in new york and walk me through this. who is this guy? how close to carrying this out? >> brooke, 21 years old, from bangladesh. came on a student visa back in january to study in missouri but did not -- he went a spring semester there. he was living in jamaica, queens. authorities say he came with the intent to perform a jihad on the united states. he wanted to recruit others to his plot, reached out via social media to someone who happened to be an informant for the fbi. that person in turn put him in touch with an actual fbi agent working undercover, posing as an al qaeda operative who he then monitored him, they provided him with a fake explosive and of course he didn't know until he got to the point and parked a van outside the new york federal reserve and tried to detonate the bomb. >> why the fed and the focus on the u.s. economy? >> that's a good question. it's a fortress-like building and not that recognizable. many to

u.s. senator from pennsylvania. he's being remembered as a fearless fighter who courageous youly backed cancer and stood up for the things he believed in. senator patrick leahy, thank you so much for joining us, our condolences to all those who loved, respected and knew arrest listen spector, what do you suppose his legacy will be? >> i think that in many ways he'll be remembered as being a senator's senator. and before that sounds like too much inside baseball, i was walking along the road by our home here in vermont today and i was thinking he was like the vermont republican senators we see, people who strongly believe in their party, but believe in their country first, and if it came to a question of following party orders or following what was best for the country, he always went with the country first, which is what senators are supposed to do. and i think that's why sometimes members of his own party consider him very unpredictable and he was unpredictable because he cared about the people more than his own party. >> he was both a republican and a democrat. he was part of a

all the day ♪ ♪ hah >> welcome back. this morning the u.s. canada border crossing from blaine washington remains closed following the shooting of a female canadian border agent. american man driving into canada shot her in the neck while she was in her boots. he died of a self-inflicted gun shot wound. >> making history but not in a good way. for the first time the $15 billion borrowing limit from the u.s. treasury. they must rely on revenue. in june they were facing a $5.2 billion loss. >>> we are getting reaction from you the voters from last night's presidential debate. frank luntz talking to a focus group of undecided voters. here's their reaction. >> how many voted for barack obama in 2008 raise your hand. a whole lot of these people. how many are staying with barack obama in 2012. how many switched and are now supporting mitt romney in 2012. raise your hand if you are romney people. sean we had a remarkable change here. i want to know what made you vote for romney tonight? >> forceful presidential. >> confident and realistic. >> presidential. >> presidential and enthusia

the bahamas. edges closer to the u.s. out to the east a little farther. heads up and might round the horn near cape hatteras. where does it go from here? we could see two scenarios. one where it jives into the northeast or one where it goes across the atlantic. let's hope it gets out to the north. >>> a teen who lived a mile from 10-year-old jessica ridgway in colorado has been arrested for her killing. austin sigg is 17. prosecutors plan to charge him as an adult with murder and kidnapping. here's his picture. sigg's first court date is set for this morning. he'll also be charged in a separate attempted kidnapping case. police say his mom turned him in. jessica's great grandma says she's angry. >> i don't think i can look at this person. into his face and not be judgmental. i think that i have -- it's all i've got within me to not want to just burn him. and i mean burn him. now, see, i said i could burn him. i meant literally light him on fire. send him to hell in a blaze of glory. >> police searched suspect austin sigg's colorado home yesterday and then they towed away a brown suv. jessica r

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